{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-018340","form_type":"8-K/A","ticker":"DFLI","cik":"0001847986","company_name":"Dragonfly Energy Holdings Corp.","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.791466+00:00","generated_at":"2026-05-17T03:35:46.974320+00:00","sec_items":["7.01","1.01","8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Dragonfly Energy prices $55.4M offering; proposes restructuring of $92M term loan","bullets":["Priced public offering of 36M shares at $1.35 and 5M pre-funded warrants at $1.3499 for gross $55.4M.","Net proceeds ~$51.7M; will prepay $45M of term loan debt and invest in dry electrode/solid-state battery tech.","Proposed debt restructuring: convert $25M to preferred stock (convertible at $3.15/sh), forgive $5M, remaining $17M at 12% with Oct 2027 maturity.","Lenders receive 8% cash dividend and 2% PIK on preferred; six-month lock on conversion; $5M liquidity covenant through Dec 2026.","Non-binding agreement in principle; closing subject to definitive documentation and closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-018340","json":"https://secwatch.observer/filing/0001493152-25-018340.json","markdown":"https://secwatch.observer/filing/0001493152-25-018340.md","text":"https://secwatch.observer/filing/0001493152-25-018340.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847986/000149315225018340/0001493152-25-018340-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847986/000149315225018340/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:35:46.974320+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}